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Ongoing Story· Day 57

Israel to Cut Fuel Tax by NIS 0.50 Next Week

13 developments

DavarEconomy

Fuel Prices to Drop by 42 Agorot Per Liter, With Potential Rise in November

Translated & summarized from Davar by baba

LeftNeutral tone

Hebrew · 11 newsrooms covering

Fuel prices in Israel will decrease by 42 agorot per liter starting Sunday, setting the maximum price for 95-octane gasoline at NIS 7.35. This reduction is expected to be temporary, as prices may rise to NIS 8.35 per liter on November 5 if a related directive is not updated.

The story in 5 lines · by baba

  • Fuel prices will drop by 42 agorot per liter starting Sunday.
  • The maximum price for 95-octane gasoline will be NIS 7.35 per liter.
  • The price decrease is expected to be temporary.
  • Fuel prices may increase to NIS 8.35 per liter on November 5.
  • The potential price hike depends on updating a 'blue order' directive.
Fuel Prices to Drop by 42 Agorot Per Liter, With Potential Rise in November
Editorial illustration generated by baba News, not a photograph of the event.

The Ministry of Energy and Infrastructure announced that fuel prices will decrease by 42 agorot per liter starting at midnight between Saturday and Sunday. The maximum price for a liter of 95-octane unleaded gasoline at self-service gas stations will be NIS 7.35, including VAT.

However, this price reduction may be temporary. If the blue order is not updated, the current directive's validity will expire on the night of November 4-5. Consequently, the maximum price for fuel is expected to increase to NIS 8.35 per liter starting November 5.

DavarLeft · Tel Aviv

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